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Search Results 0 to 27 of about 28 (some duplicates have been removed)
CNBC
Jan 11, 2013 6:00am EST
due from wells fargo before the bell. plus, a rough week for boeing. today, u.s. transportation officials are set to announce a special review related to some of the recent electrical problems on the new 787 dreamliner. it's tri, january 11th, 2013, and "squawk box" begins right now. >>> the index is now 93 points off its record low that was locked back in october 2007. we've been watching the futures this morning, and right now those u.s. equity futures are indicated slightly lower for the dow futures just over six points, but the s&p futures and the nasdaq futures are indicated slightly higher. this is a global story with world stocks near eight-month highs. european stocks consolidating in early trading today. france pulling back slightly, but in germany, the dax is up by just over 8.5 points. the ftse is up by about five points or so in london. if you want to know who is taking part in this rally, check out these new statistics. investors poured $5 million stocks into mutual funds. that is the largest weekly inflow since 2001. mean too many, etfs gained about $8 million in c
CNBC
Jan 7, 2013 12:00pm EST
regarding that boeing 787 dreamliner that caught on fire while parked at logan airport in boston. this is video of the japan airlines plane. the plane landed. all of the passengers left the plane. a mechanic was doing a walk-through when he noticed a light smoke condition increasing from the underbelly of the plane. they then called the fire department. the fire department came. they investigated. the fire was in a compartment with batteries and other electrical components. they are still investigating exactly what has happened. we have a call into boeing. boeing has not responded to our request for more information. i think boeing is still trying to figure out, base odd what they're hearing out of boston from the fire investigators exactly what's going on with the 787 dreamliner. a couple of things to keep in mind, scott. the mass port officials at boston just held a press conference where they said prior to this they've had a few mechanical issues, nothing major, regarding the 787 dreamliners that landed at that airport since they went into service. one other thing to keep in m
FOX Business
Jan 11, 2013 4:00pm EST
redistense from boeing, a big decline, the issues with the 787 dreamliner, the bank of america, investors got scared because of the wells fargo earnings today; right? profit was a record, concerned about the revenue. stock names like these affected the market. look at the losers on the s&p 500, the broader market right now, peabody down more than 5%. jcp, bad week for jcp, and, of f course, u.s. steel down 3%. materials sold big time, particularly the steel makers. >> consumer goods, and in particular, netflix, everybody talking about that whether that sustains the momentum, the pick much own of our market movers next, did very well today. >> well today, and over the past three months, stocks up 50%. the news not in netflix's favor with the federal appeals court not agreeing with the way it gets special treatment. stock's up, there's the bell. david: thank you, lauren. liz: bells ringing on wall street, and in the last couple secs, wells fargo down, but under 1%. here's the stock picture, just as lauren called it, the dow and the nasdaq moving hire, not by a lot, but at least f
CNBC
Jan 9, 2013 12:00pm EST
corrections. disney, boeing, united technologies. they're contributing to the gains. >> wall street's also abuzz today over an invite that facebook sent out saying, right here. come see what we're building. shares on the move today which are trading at the higher level in six months. julia boorstin covers that company for us and joins us live from vegas. julia, when's the buzz? what are they saying about this invite? >> reporter: scott, i just love these cryptic invites from facebook. i will be there at this event next week and i expect it to be a big deal, perhaps mostly because of the term building. building is a term that ceo mark zuckerberg loves to use himself. he uses that term in the earnings calls and often to describe the products and his vision for facebook. so because that i would expect him to be speaking at this announcement next week. what's the news? there are a couple of announcements i expect to hear from facebook. if in the next couple of months if not in the next year and including an ad america to deliver ads from facebook across the web and expect to hear news on searc
FOX Business
Jan 8, 2013 1:00pm EST
points now. boeing down 3%, caterpillar, verizon weighing on the dow jones industrials. awaiting on alcoa to be the first to report the earning season, and, affect, so many names we are watching closely, however, right now, we are certainly right near the lows of the day, and the nasdaq down after a percent like the s&p 500. i want to take a look at the retailer, sears, in particular, which we tack about the sales over the season. holiday season, which was not as bad as some of the analysts expected, and now there's a change at top, the ceo stepping down because the family medical issues, and now the chairman's going to be stepping into that ceo role. analysts, of course, follow the company closely with the stock down 5% right now. back to you. melissa: any cole, thank you. eia cutting oil demand growth forecast today raising the u.s. crude price estimates about a dollar a barrel for this year for the impact on the price of crude today, going to the pits of the cme, phil flynn, there in the pits, what do you think of the estimates? >> you know, i think it's great news. you know, not only
CNBC
Jan 9, 2013 6:00am EST
on the runway. no, not "america's top model." boeing, a series of problems with dreamliners. and u.s. equity futures pointing to a positive start to wall street. it's january 9, 2013. "squawk box" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew sorkin. i can't talk today. shares of alcoa getting a boost after the company's quarterly report. fourth quarter earnings matching expectations. revenue did come in better than the street was expecting. the country's largest aluminum producer says that it is cautiously optimistic that demand for the metal will continue to grow in 2013. among the catalysts, they're looking at strong sales to aerospace and construction customers. alcoa executives are keeping a cautious tone as worries linger about the budget battles in washington. >> you look at the businesses, you actually see that the endowment dow stream businesses are hitting new records profitabilities. another quarter of that and record year. that's great. when you look t upstream where it's basically about the c
CNBC
Jan 4, 2013 4:00am EST
will be? send us your estimates. e-mail us, tweet us, as well. we'll take a break. still to come, boeing looks set to soar past airbus as the world's top planemaker. can its european rival fight back? we'll have some analysis and report, right after this. >>> if you're just joining us this morning, here are your headlines. investors count down to the u.s. jobs report looking for december payrolls. here in the uk, disappointing services pmi weighs on the pound. >>> looking at the markets and the employment report, other stories we're following today out of the states, the s.e.c. has dropped its case against david sokol and completed its probe of possible insider trading, according to his lawyer. in 20111, warren buffett said sokol violated the company's insider rules when he sold a $3 million profit on shares. they rose by neared a third after berkshire announced it would buy the chemical company. the s.e.c. began investigating him shortly after he resigned from berkshire. >>> the tech sector had a decent end to 2012. global sales are up 2% in december from the me month and year over year
CSPAN
Jan 6, 2013 12:00pm EST
about the boeing corporation and a faustian bargain. what is a faustian bargain and how does that involve the boeing corporation? >> guest: well, boeing is, a series of agreements with china. one day it's going to come to regret because the company will be really either at chinese subsidiary or working pretty much for the benefit of china and not a u.s. company. and without the plane exports, the sale of boeing planes, our trade deficit would be massive. envy -- what boeing has done basically is turn over its technology to the chinese, to the extent that they are now producing there very own medium-range. >> the equivalent of a 737. >> guest: the equivalent of a 737 plane. they won't be going any more. at some point in time the chinese will sick and it's very nice and we will keep you around, but we don't need to. and how this could happen really says more about the government's involvement in trade policy. we see no problem. it just -- here is the handwriting on the wall. just look and see what you think about it. >> host: what is a faustian bargain? >> guest: in exchange fo
ABC
Jan 11, 2013 7:00am PST
, the boeing dreamliner. the faa just announced a comprehensive review of the plane, after at least two new incidents overnight. there's also a brand-new investigation of the plane's power systems this morning. boeing insists the planes are safe to fly. >>> plus, the million-dollar history mystery about who poisoned the lottery winner. investigators now questioning his wife for more than four hours. what court documents are revealing this morning. >>> we're going to show you a man who's being called mr. perfect. over 9,000 women weighing in on everything they look for in a man. and there he is. this man met every, single requirement. we will meet him ahead. >> perfection camera. >> we're going to get to that. >>> right now, let's get to that deadly and escalating flu epidemic, causing so much misery in so much of the country right now. abc's linsey davis is in one of the hardest-hit cities, boston. good morning, linsey. >> reporter: good morning, george. masks like these and also hand sanitizers are the front defense about fighting the flu here in boston and around the country. it's not jus
CNBC
Jan 9, 2013 6:00pm EST
is aerospace. by now, we've all seen the stories about boeing's troubled dream liner, nothing like genuine footage of smoking planes to get your attention. but did you know globally there are 8,900 orders for new planes? did you know that airline companies are solvent and desperately need more planes than they're ordering now. do you know there's financing galore to make that happen? that's new too. did you know airplane the demand from business and regional jets are increasing by 12% and 22% respectively year-over-year or air travel could go up 4% this year. did you know that? as we learned in the aerospace line of claus kleinfeld's speech or his conference call last night at alcoa. how do we invest in this theme? the most obvious idea is boeing, which has passed airbus in orders and the premiere manufacturer in the country if not the world. >> i'm afraid he has footage of a troubled dream liner. we saw billions in market capitalization taken away these last couple of days because of a couple of defects in a small number of planes. and this is a big but, there have been no huge cancellati
CNBC
Jan 8, 2013 6:00am EST
, some turbulence hits boeing after a fire breaks out on a parked plane. ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. when you spend $50 on hp ink. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >>> welcome back to "squawk box," everyone. in our headlines this morning, one of the few companies in the world to give apple a run for its money says that it will rep
MSNBC
Jan 11, 2013 3:00am PST
to get the secretary of state to drop it on russia or chinese leaders about boeing or lockheed? how does that happen? >> this is where the washington turf battles come in. actually, ostensibly, this is the job of the commerce department. there has been a program created right after the cold war called commercial advocacy. where major corporations, big companies can like boeing and lockheed, because they were the -- you know, the only company in their market, could apply to the commerce department and basically get officials to lobby for them and be their corporate cheerleaders for clearance. and you're talking about for government contracts. so if pudin -- these are government officials in other countries making the decisions to buy billions of dollars of airplanes from boeing. so hillary clinton is the one who gets to meet them and that means something. or the secretary of state does. so what clinton has done is she said, well, we're going to try to take some of this portfolio from the commerce department, because we're bigger -- the commerce department has been without a confirmed lead
ABC
Jan 8, 2013 7:00am PST
on a boeing dreamliner at logan international airport in boston, right after passengers got off that jet. the japan airlines 787 was parked at the gate. no one was injured. but the fire was the latest in a string of incidents for the high-tech new jetliner. abc's jim avila is in washington with the latest. jim, good morning. >> reporter: good morning, amy. few things are as frightening as smoke on an airplane. but fortunately, in this case, the only real damage was done to the reputation of boeing's new dreamliner airplane. firefighters at boston's logan field, dousing smoke on the plane of the future, boeing's 787 dreamliner. a plane made mostly of carbon fiber, a fancy name for plastic, just a half-hour after an incident-free landing. >> passengers were deplaned normally through the jet bridge process. >> reporter: but minutes later, a mechanic working in the cockpit of the jal jet was confronted by smoke from the electrical system in the belly of the plane. >> we observed a heavy smoke condition in the entire cabin. >> reporter: this is the latest nightmarish incident for the dreamlin
FOX News
Jan 8, 2013 10:00am PST
that a japan airline boeing 787 has returned to its gate at boston's logan airport because of a reported fuel leak. this is brand new video just into fox news showing the troubled boeing dreamliner set to take off for tokyo after the leak was discovered. the second problem with a dreamliner in 24 hours. in boston another dreamliner taken out of service after a fire started in the battery compartment. dan springer with more. >> even more bad news for boeing and for people who fly those planes. as we're waiting for an update from the national transportation safety board on where this fire investigation is going, a different 787 had a fuel leak at logan international as it was preparing for takeoff just a short time ago. we're told about 40 gallons leaked. the plane is being towed back to the gate for evaluation. the last word we got is passengers are still on board flight 007 was headed for tokyo. now, yesterday's fire happened after a lithium battery apparently overheated in the rear underbelly of a dreamliner that had just completed a flight from tokyo to boston. all the passengers and crew w
ABC
Jan 10, 2013 6:00am PST
. there is another injure person being taken off bus. >> questions are surrounding the reliability of boeing's new 787 dream liner as it republicans for inaugural flight out of shows tomorrow. it has had a string of problems all week. one flight was canceled yesterday in japan because of an error message that indicated a brake problem. tuesday, another dreamliner planned 40 gallons of jet fuel on the runway in boston. again on monday, in boston, a different dream liner experienced a battery fire. >> nothing in the three events we are talking about are in common or you would say is really a serious event. we certainly cannot blame the ape for a battery. >> the flight safety consultant says with new planes it takes time to work out the bugs. >> a mother who waited 24 years for news of her missing daughter has to wait. d.n.a. testing on broken fragments prove they are not the remains her daughter would was kidnapped from outside a store in hayward in 1998 when she was fine. human bone fragments were found searching an abandoned well used by the speed freak killer but they did not match the profile. t
NBC
Jan 9, 2013 7:00am PST
. >>> a nightmare for boeing amid safety woes for the company's much anticipated dreamliner. nbc's ron mott has more from logan international airport in boston. good morning. >> reporter: good morning to you. double trouble for japan airlines and boeing over the past 48 hours here at logan as both companies investigate exactly what went wrong. two days in a row at boston's logan airport, a japan airline's jet has landed in the news. on tuesday, a new 787 full of passengers and already headed toward the runway had to turn back to the gate after pilots learned jet fuel, about 40 gallons, was spilling from the left tank on to the tarmac. monday, a different 787 parked at the gate following a flight emptied of passengers and crew began smoking. a fire down below that ntsb and boeing investigators have traced to the auxiliary power battery unit. >> it was a moderate fire condition in the modern avionics department that included the batteries and some of the electronic equipment. >> reporter: according to reports, one firefighter was injured battling monday's fire. boeing said of the fire, quote, nothing
NBC
Jan 11, 2013 7:00am PST
ordering a ordering a comprehensive review of the 787 dreamliner, boeing's most most technologically advanced plane. this after a plane, this after a series of s mishaps including a cracked ing window and cockpit window and oil leak on separate f two separate flights in japan li just this morning.ust this morning. >>> >>> a tearful good-bye thursday for the first for the first family of south carolina. carolina. it was hugs and it was hugs and kisses all around as michael around as michael hailey, haley, husband of governor nikki haleyy was deployed to afghanistan thursday.ursday..afghanistan. he will undergo a month of nth training in indiana w training in indiana with his it army national guard unit army national guard unit before deploying. oying. oying. >>> those >>> those trapped killer whalese captured the world's in canada's hudson bay may be as free this morning after an g afi apparent shift in the ice and n winds there.e there. there's been no there's been no sibts of them this morning.orning. sg. the whales have been bobbing frantically for air in just one the whales have
Current
Jan 9, 2013 3:00am PST
the aig crisis first started, people tried to explain the aig inter connectivity. to boeing, to air bus. there is a whole bunch of inter connectivity. >> aig fell basically, if wall street fell, we would lose jobs o and on and on and and on. it happened. because of that we were at 8% unemployment, you know. so the fact that after all of that, these folks, after being -- after being saved, especially the board of directors, they received profits. their stocks went up pennies. it didn't because of the federal government: the fact that they want to sue the federal government, it's just, you know, there really is no silver lining in these clouds. >> also it address did some of the disfunction of how corporate law and corporate principles clash with basically civic understanding. >> responsibility. >> responsibility. so in other words, it is true that there is legitimacy to this lawsuit in the courts. a sober judge has let this suit proceed as far as it does. the board of directors have two obligations, the duty of loyalty and the duty of care. they have t
CNBC
Jan 4, 2013 6:00am EST
island. and boeing likely to regain its status as the world's number one aircraftmaker, topping rival for the first time since 2002. boeing says it delivered 161 planes per year. the company is ramping.its sales of conceivablconceivable. we have heard from hp, and it's not very often that you get strong words from a company coming back. but it has its thoughts about the company and this column. the company's viewpoint says in art, "the wall street journal" story is significantly misleading. hp continues to make significant improvements in both its cash flow from operations as well as 80s balance sheet. he goes on to say that the added significantly to generation. this is not accurate. as we explained prior to its story, hp would have received the cash directly from customers in any event. it is important they go on to note that the purpose of these receivable sales programs is to support our partner and customer ecosystems and it is consistent with the practices of many other companies. finally, they say we are at a loss to explain why "the wall street journal" published a story that
NBC
Jan 10, 2013 7:00am PST
in the incident. about 70 people were injured in that crash, at least two critically. >>> more trouble for boeing and the company's much-touted 787 dream liner. japan's on the pond airways cancelled a domestic flight on wednesday after a faulty computer notification regarding the brakes. this after another 787 caught fire and another suffered a fuel leak. boeing calls the mishaps growing pains for the new aviation technology. >>> aig is backing down amid public outrage and ire from congress. the insurance giant has decided not to sue the u.s. government over the multibillion bailout that saved the insurance giant. they claimed the rescue was unfair to the company's shareholders. >>> now to wall street at the new york stock exchange, good morning, kayla. >> good morning, natalie. wall street is watching jack lew, president obama's nomination for the next secretary of the treasury. once confirmed, lew will take the reigns over avoiding the country's credit card limit. holiday retail sales rose 2.5%, that is less than expected and retailers' stocks are reacting. meanwhile, the overall market is unch
NBC
Jan 11, 2013 7:00am EST
a comprehensive review of the 787 dreamliner, boeing's most technologically advanced plane after a series of mishaps, including a cracked crock pit window. >>> tearful good by thursday for the first family of south carolina. it was hugs and kisses all around as michael haley, husband of governor nikki haley, was deployed to afghanistan. >>> hudson bay trapped whales may be free this morning after an apparent shift in the ice and winds there. there has been no sight of them this morning. whales have been bobbing frantically for air with just one hole in the ice. there has been concern, however, that the whales could get trapped again. >>> where is samuel l. jackson when you need him? snake on a plane drama after nearly 10-foot python was spotted by passengers lapping on the wing mid air, apparently crawled up through the landing bay, found its way through a crevice on the wing. the plane landed safely. all the passengers were okay. unfortunately, the same can't be said for the snake. 7:15 right now. let's turn it back over to matt and al. >> that little guy on the wing, too. >> william sha
MSNBC
Jan 9, 2013 3:00am PST
obama on friday at the white house. >>> and "the seattle times," boeing is investigating problems with its 787 dreamliner after back-to-back days of mishaps. jed one of the jets spilled about 40 gallons of fuel at logan airport. the day before an exploded battery sparked an electrical fire on board a different dre dreamliner plane also at logan airport. >>> the tsa has implemented a new program that selects passengers based on their behavior and allows them to use a special lane to get through screenings more rapidly. the system builds on the precheck program which allows passengers deemed low risk to go through security without taking off shoes, belts and jackets or removing liquids or laptops from their carry-on. >>> in "the new york times," the next call to the bull pen may most likely be from a cell phone. as part of a new sponsorship deal with t-mobile. stadiums will begin to disconnect the land lines that have been around for decades and exchange them with smartphones. >> no. >> i think that's just a stupid idea. >> remember the one at fenway? so cool. >> networks around sta
Search Results 0 to 27 of about 28 (some duplicates have been removed)